Hannah Dowling

Former Virgin Australia bondholders are being encouraged to join a class-action suit against the airline’s former and current directors and senior executives in Federal Court.

The pilot of a Yak-52 warbird aircraft that crashed into the water near South Stradbroke Island in June 2019 was conducting low-level aerobatics at less than 500 feet before the crash, despite not being qualified to do so.

Joyce has previously been critical of WA Premier Mark McGowan’s decision to backflip on his state’s reopening plan on 5 February, with a new reopening date now set for 3 March.

However, the airline has said it now appears back on track to reach up to 100 per cent of its pre-COVID domestic capacity by June.

Qantas has reported an underlying $1.28 billion loss before tax for the six months to December 2021, however, the airline remains confident of an imminent rebound.

Sydney Airport has reported a $267 million loss for the full year to December 2021, drastically topping its 2020 full-year loss of $145 million.